David Gore
How to buy distressed commercial property for less than is owed.
18 May 2019 | 3 replies
The estimated NOI and cap rate value the property at around $750k.Are there any other creative financing strategies that I could employ to acquire this property?
Dennis Juanir
El Paso fix and flip
22 July 2019 | 6 replies
I have to agree with @Eduardo Sanabria, a property over $300,000 takes much longer and it's harder to sell in the area.On the other hand, great deals of rent and hold properties are much common in the area due to the massive renter's market, El Paso is full of renters due to Ft Bliss and the universities in the area.Good luck in your next flip!
Tim Ivory
Capital Gains Tax after Fix N Flip or Partner with Owner
20 April 2019 | 9 replies
Whereas, if I take the deed before starting the fix and flip, I would be subject to this tax (and possibly self employment tax too) since I'd have the deed for a few months?
Anthony Wick
How you making any money at that price?!
20 April 2019 | 96 replies
Good deals are not as common as people like to think.
Mauricio Botero
Philly Water company making me pay 6 years worth of bills?
17 April 2019 | 8 replies
You can definitely just escrow these funds with the title company as part of the refinance transaction and still close the loan, this is fairly common practice, I've done it before myself for similar situations.
Dustin Ruhl
How do you find the Best Partner to Fund your Next Investment?
17 April 2019 | 0 replies
The most common method of making connections is simply reaching out and asking for connections.The most successful investors are also the most efficient, and not only nail the follow up, but also take the time to really get to know and understand the ideal candidates for their next investing opportunity.Not all of us with the will and way have the means to develop a business idea to full potential.
Account Closed
"How To Decrease Up Front Costs In Your Airbnb Business"
13 May 2019 | 35 replies
I've seen the mistakes people make, the excuses, the common misconceptions, the cognitive biases, the improper use of capital, time and other resources.
Bryan Davis
First time buyer searching for MF in Schuylkill County PA
9 August 2022 | 33 replies
If you have good equity and are employed, you should be able to find a lender willing to help out.
Dan Turkel
Taxes in Springfield, Missouri
18 April 2019 | 6 replies
(I'm sure this is pretty common for most counties)
Kristen Chapin
BRRR Strategy Questions
14 May 2019 | 5 replies
If you are seeking conventional lending, you are self-employed and you have W-2 income in any fiscal year, and if you stop working for any agency or company where you earned W-2 income, you will have a more challenging time getting loans.